BASEBALL WAGERS
 A
baseball wager is done by laying or taking money odds. It
is based primarily on moneylines, and with its
relative simplicity, betting on baseball offers some of the
easiest money to be made in sportsbooks. The minus (-) indicates
the favorite; the plus (+) indicates the underdog. On money
odds whenever there is a minus (-), you lay that amount to
win a dollar; where there is a plus (+) you get that amount
for every dollar wagered.
For example [Dodgers +1.50] [Phillies -1.60] you must lay
$160 to win $100 or $16 to win $10 on the Phillies. You must
lay $100 to win $150 or $10 to win $15 on the Dodgers.
Placing a baseball wager is a bit different than in other
sports. While the payoffs can be just as rewarding, it's vital
to understand the different kinds of wagers available.
KINDS OF BASEBALL WAGERS
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Moneyline & Totals
Moneyline wagering is betting on the contest
based on a given price rather than a point
spread. The team one has wagered on just has to win the
game. On an over/under (totals) wager,
the total runs of the game by both teams combined, extra
innings included, must fall over or under
the side selected.
Moneylines are typically offered on all MLB and College
World Series games. These wagers are usually accepted
in the following manner:
» Action - team against
team, regardless of the starting pitcher.
» Listed Pitchers (both specified
pitchers) - For wagering purposes, each team's starting
pitchers are expressly specified. This is known as "listing".
Baseball wagers are accepted based on the listed pitchers.
In the event of a pitching change prior to the game,
all wagers on a team are considered "No Action".
All wagers will be refunded to the bettor's account.
-
Run Lines
Run Line Wagering is betting on the contest based on a
point spread and a moneyline combined. The team wagered
on must win by the point spread.
When wagering on total runs or run lines, the game must
go the regulation 9 innings or 8.5 innings if the home
team is leading, otherwise it will constitute a "No
Action" wager and all money will be credited accordingly.
-
Parlays
Parlays, also known as Multiples or Combos, are a
very exciting way for the baseball wagerer to win potentially
large amounts of cash with comparatively lesser risk than
other types of baseball wager methods.
A parlay is a bet of 2 or more teams (selections) or propositions
in no particular order. All teams wagered on in a parlay
must win. If there is a tie, it reverts down to the next
lowest number for payoff. For 2 team parlays, a tie and
win becomes a straight bet payout.
OTHER BASEBALL WAGER INFO:
MLB games are usually official after 5 innings of play or
4.5 innings if the home team is leading. If a game is subsequently
called or suspended, the winner is determined by the score
after the last full inning unless the home team ties the score
or takes the lead in the bottom half of the inning in which
case the winner will be determined by the score at the time
the game is called.
Any and all baseball series wagers must usually have all
3 games played by the end of a specified date for the wager
to have action. If all 3 games are not played by that specified
date, then all wagers are "No Action", regardless
if one team has 2 wins. All three games must be official as
per the sportsbook rules on what constitutes an official result.
All baseball props must go the full 9 (8½) innings
unless otherwise stated. They also must start the listed pitchers.
Now that you know the basics of Baseball Wager, why don’t you put your newly-acquired knowledge to the test?
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